Icahn says has 'not yet begun to fight' eBay in push to spin off PayPal

March 06, 2014|Reuters

March 6 (Reuters) - Activist investor Carl Icahn told eBayInc shareholders on Thursday he has "not yet begun tofight" in his push to get the e-commerce company to spin off itsPayPal payments unit.

Icahn, in his latest letter to shareholders, said a spinoff"could allow two separate management teams to focus more closelyon the core businesses" and could also "provide a morecompelling currency to attract top talent to the respectivecompanies."